Million-dollar flats are becoming more common. The number of million-dollar flats rose by 27% y-o-y in 2026. Even as most of the million-dollar flats have existed in prime central location, ERA observes an uptick in million-dollar flats in Woodlands.
With the rising home prices, more four room flats were observed to have achieved the million-dollar price tag. This number has jumped threefold in 2023 compared to 2022.
Many of these million-dollar flats share common traits such as
- Longer remaining lease
- Larger floor area
- Located near transport nodes and amenities
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